Petrotal Corp T.TAL

Alternate Symbol(s): PTALF

Energy Oil & Gas E&P

PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing development of hydrocarbons in Block 95 with a focus on the development and production from the Bretana oil field. In addition to further leads in Block 95, the Company has significant exploration prospects and leads in Block 107. The Bretana oil field is located in the Maranon Basin of northern Peru. The Company has a 100% working interest in the Bretana oil field. Block 107 has three additional leads, inclusive of the Osheki-Kametza prospect.

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Petrotal Corp

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Comment by Bean_and_Dunnon Apr 28, 2019 12:12pm

91 Views

Post# 29680734

RE:RE:RE:RE:RE:Barging questions

Petro Peru has updated their barge fleet with double hulled tankers so the risk of spillage is probably less than 1/100th of what it was formerly. The pipeline is running at 20% capacity so there is lots of room for extra supply. Peru imports half the oil it uses at present, the more produced inside the country the better for Peru. The world is consuming 100 million barrels/day, so with Iran being taken out of the picture supplies are getting tighter.

Donald Trump is asking for a price drop from OPEC that seems to be the only negative at the moment.

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